REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,100,000
Est. payment /mo
New
33 lakeshore DR South Dundas, ON K0C 1X0
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 701 - Morrisburg
MLS Listing ID X12956576
Annual Tax Amount $4,126
Tax Year 2025
Property Sub-Type Investment
Property Description
Well-maintained 6-unit investment property located in Morrisburg, featuring five bright 2-bedroom units and one 1-bedroom unit. Each unit offers comfortable living space with functional layouts, appealing to a wide range of tenants. The building includes on-site laundry for added convenience. Situated in a desirable and growing community, this property presents a solid opportunity for investors seeking steady income with long-term potential and upside. The property generates a current gross income of $92,376 with a net operating income (NOI) of $71,626, reflecting a strong cap rate of 6.51%.Please see attachment for detailed rent roll, income, and expense information.
Location
State ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 150.0
Others
ParcelsYN No
Listed by LOTFUL REALTY
GET MORE INFORMATION
Follow Us